PepsiCo has announced significant changes to its diversity, equity, and inclusion (DEI) policies, departing from previous corporate initiatives as the company seeks to align its internal structures more closely with its broader business strategy.
Companies across all sectors have announced a withdrawal from DEI policies just this year. They include Citigroup, Goldman Sachs, Google, McDonald’s, and Target—after multiple companies such as Amazon, Lowes, and Walmart rolled back their initiatives last year.
According to a company memo from CEO Ramon Laguarta, PepsiCo will no longer have a dedicated DEI officer or team and will be discontinuing its DEI representation goals. The move comes as President Donald Trump and his administration are working to dismantle the practice across the federal government….